Holt Caterpillar retail center spurs additional development projects

By the end of 2018, the heavy-equipment supplier plans to construct a retail center at least 60,000 square feet in size at 2101 Airport Road, Georgetown, north of the intersection of Lakeway Drive and I-35.

Georgetown officials said the project is still in the planning phase, as is a planned expansion of Airport into a four-lane roadway and a new water line. City officials also said they are seeing increased activity and interest in the area near the future retail center due to its proximity to the airport and I-35, and they see the location as a prime spot for future retail and industrial development.

A new retail development, Pecan Branch, is also under development near the future Holt Caterpillar center.

According to Holt Caterpillar, the company will create 129 jobs over the next 10 years, and its presence will contribute more than $13 million in net value to the city. The company plans to invest at least $20 million in infrastructure and improvements as well.